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Budget negotiators close on debt, agency spending deal


Speaker of the House Nancy Pelosi, D-Calif., holds a news conference on Capitol Hill in Washington, Wednesday, July 17, 2019. (AP Photo/J. Scott Applewhite)



The Trump administration and House Speaker Nancy Pelosi are on the cusp of a critical debt and budget agreement, a deal that would amount to an against-the-odds victory for Washington pragmatists seeking to avoid politically dangerous tumult over fiscal deadlines.


Aides on both sides of the talks say the tentative deal would restore the government’s ability to borrow to pay its bills into the next administration and build upon recent large budget gains for both the Pentagon and domestic agencies. It would mostly eliminate the risk of a repeat government shutdown this fall.



22nd July 2019

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